One person owed $1,552,000

According to the Credit Bureau Singapore, the total number of delinquent debtors hit more than 101,490 this year. -TNP

Record-breaking pay for these MBAs

A rising number of Stanford MBA students receive offers in the financial industry, and 44 per cent of them nab signing bonuses to accept. -CNBC

New interest from Qatar-backed firm for Bandar Malaysia 1MDB project

The race for a majority stake in Bandar Malaysia may develop into a three-way fight. -The Star/ANN

'6% returns on Asian high-yield bonds likely'

Reasons include low prices and the relatively stable default rates of issuing firms, says expert. -ST

Tips for beginner investors

The earlier you start, the more time you have to let compound interest work its magic, says Dr Daniel Kao. -TNP

Why rich Chinese are buying vineyards, islands in cash

There are also signs that the merely wealthy have joined the ranks of billionaires who bought properties in earlier years. -CNBC

Singapore's NOL shares rise on sale talks with France's CMA CGM

NOL shares, currently trading at S$1.165. have surged over 39 per cent so far this year on acquisition talks. -Reuters

Metropolis dreams for Johor Baru

It was launched by Johor Ruler Sultan Ibrahim Ibni Almarhum Sultan Iskandar in conjunction with his 57th birthday yesterday. -The Star/ANN

Taxi wars: The incumbents strike back

Ride-booking app Karhoo working with NUS, LTA to level playing field for entrenched cab companies. -BT

Uber to start official company in Indonesia

Smartphone-based ride-hailing application Uber is planning to start a company in Indonesia. -Jakarta Post/ANN

Pfizer buys Allergan for $213 billion to make world biggest drug maker

Pfizer Inc due to secure formal board approval on Sunday for acquisition of Allergan Plc. -Reuters

'If you chase money, it runs away from you'

Telecoms executive Naveen Bhat reckons his unusual policy with money - he calls it leaving a dollar on the table - pays off in the end in more ways than one. -ST

China's anti-graft watchdog demotes four banking regulators

Wang was also accused of accepting compensation and treatment beyond the level of his position, the CCDI said. -Reuters

Euro hits 7-month low vs dollar, dented by ECB stimulus expectations

Two-year US Treasury yields are now 130 basis points above two-year German bond yields, with the gap having widened from around 81 basis points in mid-October. -Reuters

China says to buy more treasury bonds in Malaysia to stabilize markets

Premier Li attended the Association for Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur that ended on Sunday. -Reuters



Wanted: Chinese buyer for Michael Jackson's Neverland

Chinese investors have a sense of urgency to diversify their assets out of the country amid severe stock market volatility and fears of further yuan devaluation, so they are accelerating purchases of foreign real-estate. -CNBC